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  1. Leon Cooperman to shut down hedge fund, will keep managing own wealth

    American billionaire Leon Cooperman said in a letter to investors seen by Reuters that he plans to close his Omega Advisors hedge fund firm and give investors their money back but would continue to...
  2. 'Medical check-ups': Japan firms tap banks for advice as activists circle

    Japanese companies are increasingly turning to investment banks and public relations firms for advice on dealing with potential approaches by activist investors who are targeting low valuations and...
  3. U.S. equity ETFs break six-week streak of outflows: Lipper

    Fund investors piled into U.S.-based equity exchange-traded funds in the week ended Wednesday, following six straight weeks of withdrawals, Lipper data showed on Thursday, as investors geared up for...
  4. U.S. municipal bond funds post $1.3 billion in inflows: Lipper

    U.S. municipal bond funds reported $1.3 billion of net inflows in the week ended July 18, compared with $651 million in inflows in the previous week, according to data released by Lipper on Thursday.
  5. BlackRock replaces Americas corporate governance leader

    Top asset manager BlackRock Inc has hired Ray Cameron as head of the Americas within its investment stewardship arm, according to a memo seen by Reuters on Thursday, turning to an outsider to fill...
  6. U.S. Medigap plans fall short on protections for pre-existing conditions

    (The opinions expressed here are those of the author, a columnist for Reuters.)
  7. Queen B: Life lessons take flight with Angela Bassett

    (The writer is a Reuters contributor. The opinions expressed are his own.)
  8. Detour Gold and Paulson trade barbs over hedge fund's campaign

    Canadian miner Detour Gold and activist investor Paulson & Co entered into an increasingly heated public exchange on Wednesday over the hedge fund's campaign to seek change at the company and a...
  9. Trade-war concerns cloud New York City investment conference

    A prolonged U.S. trade war with China and Europe would dent global economic growth and force investors to reassess the profitability of U.S. companies, some of the biggest hedge funds and private...
  10. Ex-Point72 portfolio manager to launch macro hedge fund Entheos: sources

    Erik Cetrulo, a former portfolio manager at Steven Cohen's Point72 Asset Management, is raising funds for a global macro discretionary hedge fund and is targeting a launch in the first quarter of...
  11. Oaktree's Marks bullish on emerging market stocks, real estate debt

    Emerging market equities and real-estate debt remain attractive at a time when most of the year's gains in the S&P 500 have already been realized, billionaire investor Howard Marks said on Wednesday...
  12. Morgan Stanley caps strong earnings season for big U.S. banks

    Morgan Stanley's better-than-expected results on Wednesday capped a strong second-quarter earnings season for large U.S. banks.
  13. U.S. mutual fund investors ditch equities despite S&P 500 gains: ICI

    U.S. mutual fund investors fled from stocks for the 14th straight week as ongoing trade war fears divided markets, Investment Company Institute data showed on Wednesday.
  14. Citadel's Griffin warns on dangers of prolonged trade war

    Billionaire investor Kenneth Griffin on Wednesday praised President Donald Trump's policies but warned that prolonged trade wars could harm consumers and companies alike.
  15. Working in retirement is not a sure thing

    (The opinions expressed here are those of the author, a columnist for Reuters.)
  16. Hedge fund firm PAAMCO Prisma co-CEOs Buchan and Reddy to leave

    Investment firm PAAMCO Prisma, one of the world's biggest investors in hedge funds, said on Tuesday that a six-person executive committee will replace the firm's two co-chief executives who are...
  17. Goldman Sachs pressed on strategy as new CEO confirmed

    Goldman Sachs Group Inc was pressed for details on new businesses after an uneven second-quarter performance, a likely preview of challenges incoming Chief Executive David Solomon will face as he...
  18. Trading up: Life lessons with philanthropist John Arnold

    (The writer is a Reuters contributor. The opinions expressed are his own.)
  19. U.S. banks depositors shifting money, asking for higher rates

    Slowly but surely, depositors are starting to shift money from basic U.S. bank accounts to products that pay more than a sliver of a percent in interest.
  20. Bank of America profit beats on consumer loan growth, lower expenses

    Bank of America Corp reported quarterly profit above analyst expectations on Monday as the second-largest U.S. lender cut expenses and benefited from growth in loans and deposits on the back of a...

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